Zoomermedia (TSE:ZUM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ZoomerMedia Limited reported a decline in revenues to $46.1 million and a net loss of $2.7 million for the third quarter of 2024, compared to the previous year’s higher revenues and a net income of $0.3 million. These results demonstrate a challenging fiscal period for the multimedia company, which targets a broad demographic including ‘Zoomers’ aged 45+ and younger generations.
For further insights into TSE:ZUM stock, check out TipRanks’ Stock Analysis page.
